Time to declare housing bulls an endangered species
Where have all the housing bulls gone?
Fresh off the business pages at the Boston Herald, I jumped headfirst into full-time freelancing and writing for this blog in the fall of 2008.
Back then, even as the world appeared headed into another Great Depression, there was still a housing bull or two around to bait all the bears on this blog.
But one by one, Sunshine & Lollipops and the rest of the housing bulls have fallen off the comment boards, digging in for what looks like will be a very, very long wait for the second coming of the Great Housing Bubble.
Even economists, who just can't seem to resist the temptation to predict housing prices will fall now but will then rise at some other point that is always just around the corner, appear to be wising up as well.
Check out this Reuters poll of economists - the prediction now is for a 5 percent drop in prices this year, and a flatlined market next year.
If you are a housing bull, that's not much to cheer about.
Hey, buddy, just wait until next year, when the market flattens out.
Doesn't really work, now does it?
